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The American's Creed

I believe in the United States of America as a government of the people, by the people, for the people; whose just powers are derived from the consent of the governed; a democracy in a republic; a sovereign nation of many sovereign states; a perfect union, one and inseparable; established upon those principles of freedom, equality, justice, and humanity for which American patriots sacrificed their lives and fortunes.

I therefore believe it is my duty to my country to love it; to support its constitution; to obey its laws; to respect its flag; and to defend it against all enemies.

Archive for March, 2008

This is a piece from Larry Swedroe that I thought was worth sharing with you. It’s a long piece and if you don’t want to read it all, here’s what I want you to take from it: The bottom line for investors is this: If you don’t have a plan, immediately sit down and develop […]

From today’s Wall Street Journal: A glut of foreclosed homes of historic proportions is starting to drive down U.S. home prices faster as lenders put more properties on the market and buyers show signs of interest. The ability of America’s lenders to manage this fire sale will be crucial to determining how long the housing […]

I just read a pretty interesting Fortune piece, Target’s Inner Circle, which is about retailer, Target. According to the article, Target is shy when it comes to press attention, which explains why I don’t remember ever reading an article about the company until tonight. Some interesting stuff from the article: Over the past decade, revenues […]

I was flipping through the March 31, 2008 issue of Fortune when I came across this tidbit on page 14 in the “My Metric” section at the bottom of the page: Hal Varian, chief economist, Google: “I always like to look at the number and obscurity of footnotes in a company’s 10-K filing. The larger […]

I received the following email this afternoon from Lisa Scherzer at Smart Money: Hi JLP, I’m a writer at SmartMoney.com. You helped me over a year ago with a story and I’m hoping you might help again. I’m working on a story this week about the rise in bank fees. Have you had any personal […]

My boys are becoming men. Last weekend I bought a new self-propelled Honda lawnmower with the intent of teaching my oldest son how to mow. He was quite excited about getting to mow for the first time. It took him a couple of laps to get used to the mower. The first couple of rows […]

I just saw this story on Drudge Report: JACKSONVILLE, Ore. — A pair of hoax ads on Craigslist cost an Oregon man much of what he owned. The ads popped up Saturday afternoon, saying the owner of a Jacksonville home was forced to leave the area suddenly and his belongings, including a horse, were free […]